STRONG LEASE FUNDAMENTALS
- New 15 year lease
- 10% rent increases every 5 years
- Minimum Landlord Responsibilities
- Long term passive investment opportunity
NEARBY TO MAJOR ECONOMIC DRIVER
- Approximately 11 miles to Fort Liberty, a 251 square mile military base
- The largest military base in the entire world with over 52K military personnel
- Fort Liberty has an economic impact of $8.1 billion to the local economy
HIGHLY VISIBLE AND SURROUNDED BY HUNDREDS OF NEW HOMES
- Fronting NC Hwy 24-87 (41,000 VPD)
- Over a 7.0% annual population growth over the past 13 years in a 1-mile radius
- Total number of homes in a one mile radius has nearly doubled in last 13 years (7.3% annual growth)
NEW CONSTRUCTION
- New build-to-suit with transferable roof and mechanical warranties
POSITIONED ON A RETAIL CORRIDOR
- Over 350KSF of retail space located in a 1-mile radius of the site
- Nearby retailers include: Walmart Supercenter, Food Lion, Dollar Tree, Bojangles, Zaxbys, and More
HIGH GROWTH MARKET
- According to the World Population Review, the city of Spout Springs is growing at a rate of 7.7% annually
- The national average growth rate for a city in southern United States is 1.0%